Coronavirus

AIRBUS resumed transforming former A380 Lagardère facility in Toulouse into A321 final assembly line (FAL), to be operational by end of 2022 to
Aerospace

POBEDA (Aeroflot Group) has begun operating a full-scale LCC flight program at Sheremetyevo (to 14 domestic destinations), where it plans to base 10
Air Transport

By Adrian Schofield
The decision comes after the Australian government released a revised forecast for the recovery of international travel that presented a gloomier outlook than previously projected.
Airlines & Lessors

By Guy Ferneyhough
IndiGo is planning to raise INR30 billion ($408 million) through a share sale—less than three and a half months after the Indian LCC giant said it had decided against raising cash.
Airlines & Lessors

TSA

TSA reports traveler throughput in US of 1,707,805 pax on May 9 (Mother's Day), the busiest day since start of pandemic.
Air Transport

ALLEGIANT announced plan to increase its (A320 Family aircraft) pilot workforce by about 19% to around 1,200.
Air Transport

BOEING delivered 17 aircraft (four 737 MAXs; two 767s; two 777Fs; nine 787s) in April vs six (737NG; 777F; four 787s) in April 2020. It has now
Aerospace

INTERNATIONAL AIRLINES GROUP launched offering of €825m in senior unsecured bonds convertible into ordinary shares.
Air Transport

By Helen Massy-Beresford
Since the beginning of the COVID-19 crisis, air cargo has taken on a more important role within the broader airline industry–and industry experts believe that it may continue to occupy a greater role than it did before the pandemic as the recovery progresses.
Airlines & Lessors

MESA AIR GROUP had $5.7m net income in 1Q21 (vs $1.9m in 1Q20) on 46% lower revenues; it has 123 aircraft.
Air Transport

CEBU PACIFIC, Philippines has secured US$250m funding from International Finance Corporation (IFC) and Indigo Partners.
Air Transport

FRAPORT had €77.5m net loss in 1Q21 (vs €35.7m loss in 1Q20) on 42% lower revenues, and ended quarter with €4.4b cash.
Air Transport

AIR CHARTER SCOTLAND added a second Cessna Citation 525 M2 to its charter fleet at London Biggin Hill.
Business Aviation

TRANSDIGM GROUP had $104m net income on $1.2b sales for second quarter ended April 3 vs $319m on $1.4b a year ago.
Aerospace

By Ben Goldstein
A pair of U.S. senators penned a letter to seven airlines urging them to promptly issue cash refunds for flights canceled during the coronavirus pandemic, regardless of whether the flights were canceled by the passenger or carrier.
Airlines & Lessors

AEA

AEA reports global business/general aviation avionics sales were $568.8m in 1Q21 ($305.7m retrofits) vs $660.4m in 1Q20.
Business Aviation

HONG KONG AIR CARGO secured approvals from the Air Transport Licensing Authority (ATLA) to operate scheduled services to nine new cities: Chennai
Air Transport

JAZEERA AIRWAYS had KD5.2m net loss in 1Q21 (vs KD6m loss in 1Q20) on 57% lower revenues; it has KD61,305 cash on hand.
Air Transport

By Adrian Schofield
The travel bubble established between Australia and New Zealand may be groundbreaking, but two brief suspensions within the space of two weeks highlight the challenges facing such an approach.
Airports & Networks

QANTAS plans to activate another five 94-seat E190s (now eight) at Adelaide to cover growing leisure and corporate travel demand; aircraft will be
Air Transport

By Chen Chuanren
Taiwan’s health ministry said on May 10 that it will quarantine all China Airlines pilots as a stop-gap solution to curb the spread of new COVID-19 clusters on the island.
Airlines & Lessors

By Helen Massy-Beresford, Thierry Dubois, Ben Goldstein, Adrian Schofield
Innovative new propulsion technologies are set to shape the regional sector in the years to come.
Airlines & Lessors

AIRBUS delivered 45 aircraft (three A220s; three A320ceo Family; 31 A320neo Family; two A330neo; six A350s) in April 2021 vs 14 (12 A320neo Family
Air Transport

LATAM AIRLINES GROUP had US$431m net loss in 1Q21 (vs US$2.1b loss in 1Q20) on 61% lower revenues; it has $1.3b cash.
Air Transport

INTERNATIONAL AIRLINES GROUP lost €1.1b in 1Q21 (vs €1.7b loss in 1Q20) on 79% lower revenues; it has €10.5b liquidity.
Air Transport